ATS Corp expected to post earnings of 49 cents a share - Earnings Preview

ATS

06/11/2024 13:58

* ATS Corp  ATS.TO   is expected to show a fall in quarterly
revenue when it reports  results on November 6 for the period
ending December 31 2024
    * The Cambridge Ontario-based  company is expected to report
a
5.5% decrease in revenue to C$710.9 million from C$752 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on November 6 2024, for the
period ended December 31, was for revenue between C$620.00
million and C$680.00 million.
    * ​LSEG's mean analyst estimate for ATS Corp is for earnings
of 49
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 42.4%
in the last three months. ​
    * Wall Street's median 12-month price target for ATS Corp is
52.00​, above​ its last closing price of C$42.55. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.31        0.32       0.25      Missed  -21.5
 Jun. 30 2024  0.52        0.52       0.50      Missed  -3.3
 Mar. 31 2024  0.56        0.55       0.65      Beat    17.6​
 Dec. 31 2023  0.65        0.65       0.65      Met     -0.2
 ​​Sep.        0.63        0.64       0.63      Missed  -1.6
 30 2023                                                
 Jan. 1 0001   0.65        0.65       0.69      Beat    5.7​
 Mar. 31 2023  0.53        0.54       0.73      Beat    34.8
 Dec. 31 2022  0.53        0.53       0.52      Missed  -2.5
 This summary was machine generated November 6 at 13:58 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)